Dar's Bank of Africa launches e-banking

The Bank of Africa Tanzania yesterday launched the highly and latest e-banking technology known as B -Web Smart internet mobile service to its customers to enhance its online banking services.

The B-Web Smart mobile banking service requires the Bank of Africa’s group customers to carry out banking transactions through Smartphone by accessing the service by filling the B-Web application form available at any of the bank branches.

Bank of Africa Tanzania e-banking Senior Manager Cyprian Massawe launched the service, saying the newly introduced service would enable the bank customers to access their account at any time, at any place.

“B-Web smart customers are required to undergo a simple exercise by filling the B -Web application form available at all of the bank’s 19 branches...thereafter the registered customers will have to visit http://www.bwebsmart.com/ using their connected internet Smartphone ready to access the services,” he said.

He added that the service has advantage of higher transfer amount compared to other mobile banking which does not use the B-Web Smartphone service where customers can transfer up to one million Tanzanian shilling from one account to another.

The newly B-Web Smart mobile technology does not only allow interbank of Africa transactions but also allows transaction across banks and can be conducted within Africa and the rest of the world.

The Bank senior Marketing Manager, Mr Solomon Haule, stressed that the technology is not only limited to the branches but can also be accessed far away from bank branch system.

Bank of Africa enjoys strong partnerships with BMCE Bank, West Africa Development Bank, Belgium investment Company for Developing Country and Investment Fund AUREOS.

Bank of Africa Tanzania has a network of 19 branches in Tanzania, with 10 of the branches in Dar es Salaam. Other branches are in Arusha, Kilimanjaro, Kahama, Mbeya, Morogoro, Mtwara, Mwanza and Tunduma.